Fürth

The city administration of Fürth, Germany, recognizes the need for affordable housing and has implemented several initiatives to address this issue. The city aims to create more affordable and sustainable housing options for its residents.

One key program is the "Soziale Stadt" (Social City) initiative, which focuses on urban renewal and development in disadvantaged neighborhoods. This program aims to improve living conditions, promote social integration, and create affordable housing opportunities.

Fürth has also established a municipal housing company called "Wohnungsbaugesellschaft der Stadt Fürth" (WBG Fürth) to develop and manage affordable housing projects. The company works on renovating existing buildings and constructing new, energy-efficient apartments to increase the supply of affordable housing.

The city has implemented a "Zweckentfremdungsverbot" (ban on misuse) to prevent the conversion of residential properties into vacation rentals or commercial spaces, helping to maintain the existing housing stock for long-term residents.

Fürth also promotes sustainable housing through energy-efficient building standards and renovation programs. The city offers financial incentives and advice to property owners for energy-efficient upgrades and encourages the use of renewable energy sources in new construction projects.

Additionally, the city has been working on developing new residential areas with a mix of housing types, including affordable units, to create diverse and inclusive neighborhoods.

The housing market in Fürth, Germany, is experiencing some changes in line with broader trends in the country. As of 2018, Fürth had approximately 62,000 housing units. The city has a relatively balanced mix of renters and owners, with about 53% of households renting and 48% owning their homes.

Recent data on median prices is limited, but as of 2023, the average rent in Fürth was around €10-12 per square meter per month. For purchasing apartments, prices were approximately €3,500-4,000 per square meter, though this can vary significantly based on location and property type.

Public, social, and cooperative housing play important roles in Fürth's housing market, though specific figures for their market share are not readily available. Like many German cities, Fürth likely has a mix of municipal housing companies, housing associations, and private landlords providing affordable housing options.

The city is part of the larger Nuremberg Metropolitan Region, which has seen increasing housing demand and rising prices in recent years. However, compared to larger nearby cities like Nuremberg, Fürth generally offers more affordable housing options while still providing good access to urban amenities and transportation links.

Overall, Fürth's housing market appears to be relatively stable, balancing affordability with growing demand in the region.